Your source for Government Affairs Insight from NC REALTORS®

What’s in this edition?
  • NC REALTORS® Call for Action: Take Action on Homeowner Insurance Hike
  • Regulatory Report: New Real Estate Commission Rules?
  • NC REALTORS® Legislative Meetings - We need you in Raleigh this year!
  • Opportunity Zones - We have a guide for you.
  • NC REALTORS® State of Real Estate…Back and Better Than Ever
NC REALTORS® Call for Action: Take Action!

In just a few short weeks, more than 3,600 emails have been sent to Insurance Commissioner Mike Causey to ask him to reject the proposed 17.4 percent increase in homeowners insurance rates. Have you taken action? We are less than 900 emails away from our first goal of 4,500 action takers (which is 10% of our membership).

WE NEED YOUR HELP! TAKE ACTION

Any rate increase will negatively impact the decision-making of your clients and ultimately the state’s real estate industry. Just a couple of percent increase in insurance rates can mean hundreds and possibly thousands of dollars in additional costs that will have to be borne by the homeowner. While the average rate increase requested is only 17.4 percent, some communities across the state could see up to a 30 percent increase.

Tell Commissioner Causey to protect North Carolina’s real estate industry!
 

Regulatory Report

As licensed professionals, the rules approved by regulatory boards like the North Carolina Real Estate Commission are important for dictating the way that you conduct your business. From time to time, these rules are changed or amended to reflect changes in practice or adjustments in legislation.

NC REALTORS® Regulatory Affairs staff monitors the activity of regulatory boards and advocates on behalf of the membership when needed. In late January, the North Carolina Real Estate Commission issued a rulemaking package which includes changes to multiple rules. It also includes rules which have been readopted without change as a part of the legislative rules review process.

Review the entire rules package > >

The Commission has asked for comment on these rule proposals and will hold a public hearing to receive comment on Wednesday, March 13 at their office in Raleigh. You can also submit comments directly to the Commission via email.

NC REALTORS® Regulatory Affairs staff will be present at the public hearing to provide comments on behalf of the association but we want to hear from you! If you have any comments regarding the proposed rules that you would like included in our statement, please email Seth Palmer by no later than Friday, March 1.

 

NC REALTORS® Legislative Meetings

Mark your calendars for March 25-27 for NC REALTORS® Legislative Meetings in Raleigh. This is your opportunity to meet face-to-face with your legislators and advocate for important REALTOR® issues on Jones Street. Be on the lookout for more information coming soon!

Learn More >>
 

Learn more about Opportunity Zones

There has been a lot of information distributed about the new Opportunity Zone program and the benefits that it might can have for economic development. NC REALTORS® has launched an Opportunity Zone resource page at ncrealtors.org/opportunity-zones which includes a lot of great information which can help you better understand how the program works. Also on the page is the recording and slides from our January 31 webinar on this topic.
 

NC REALTORS® State of Real Estate…Back and Better Than Ever

NC REALTORS® State of Real Estate is back and better than ever this year. We will return to historic downtown Wilmington, April 11 and 12 for an in-depth discussion of one of the biggest issues facing our industry: the state of housing. Make plans to join us for local tours, panels featuring nationally-recognized experts like Dr. Lawrence Yun from NAR, and opportunities to network with fellow REALTORS® and thought leaders from across the state.

Early bird registration is OPEN and is just $39! Make sure to register today before this discount closes and before all of the awesome tours are booked.

Learn More > >

LINKS TO MORE RESOURCES
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4511 Weybridge Lane, Greensboro, NC  27407
336.294.1415   |   hello@ncrealtors.org   |   ncrealtors.org
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